Jack Mundey’s Legacy Lives on Today in Parramatta!

Former BLF boss and green ban man Jack Mundey being carried from a protest at The Rocks in the early 1970s. Robert Pearce

The fight continues with the Green Ban to save ‘Willow Grove’, Parramatta!

The man who reshaped Australia

The green ban movement is long past, but Jack Mundey’s legacy lives on.

READ MORE!

https://www.afr.com/life-and-luxury/arts-and-culture/the-man-who-reshaped-australia-20200514-p54sxt

Frank Theeman, Businessman Land Developer & Victoria Street Kings Cross

Developer Frank Theeman was Juanita Neilsen's nemesis.
Developer Frank Theeman was Juanita Neilsen’s nemesis. Credit: Supplied; from & News:
‘Mystery still surrounds disappearance of Sydney heiress Juanita Nielsen, 44 years on’

FRANK THEEMAN

Frank William Theeman known as Frank Theeman (1913-1989), businessman and land developer, was born on 28 May 1913 in Vienna, son of Jewish parents Arthur Thiemann (d. 1936), bank officer, and his wife Frieda, née Donreich, and was named Franz Wilhelm.

Frank Theeman immigrated to Australia from Vienna in the late 1930s, started with almost nothing, and rose to become a highly successful businessman.(Fairfax Media)

‘Theeman had developed close political connections with the Liberal Party of Australia and saw opportunities in the Liberal ascension to power in New South Wales in 1965, when planning restrictions were eased to open residential areas to commercial development’

https://adb.anu.edu.au/biography/theeman-frank-william–15666

‘But by the 1970s, the Cross was swept up in big changes taking over Sydney. One developer in particular — Frank Theeman — saw the terraces on Victoria Street as a potential goldmine.

Planning reforms in the 1960s by NSW Liberal premier Robert Askin gave developers enormous power and stripped the rights of tenants.

Building height limits were removed and developers were incentivised to buy large tracts of land — the bigger the block, the higher they were allowed to build.

Sky-high apartment towers and modernist concrete office buildings began popping up all over the city.

“There’s too much money around,” Victoria Street resident, Juanita Nielsen, said at the time.

“But these pressures, which exist all over Sydney and probably all over the world today, are coming to a head in Kings Cross.”

https://www.abc.net.au/news/2021-07-31/juanita-nielsen-murder-came-after-arthur-king-kidnapping/100332232

Frank Theeman, a migrant who, if he had stayed back home, Australia may well have been a much nicer place!

Leichhardt’s 181 Apartment Complex Plan Rejected

The Sydney Eastern City Planning Panel knocked back the redevelopment proposal for 40-76 William Street by Anprisa Pty Ltd, associated with Edward Doueihi, founder and director of Ceerose.

DESPITE the panel’s rejection, managing director Edward Doueihi confirmed that the company intends to progress the existing design for the project through the Land & Environment Court process. (AKA the Developers Court.)

READ MORE!

SOURCE:

https://theurbandeveloper.com/articles/developer-refused-181-apartment-development-leichhardt

WITH a track record like that of CEEROSE could it be that those in Leichhardt may have many more reasons to object to the development of this apartment complex in their midst?

SOME RELATED ARTICLES …

Sydney Couple Paid $450K for Mould-infested Flat

https://www.dailymail.co.uk/news/article-4331510/Couple-paid-450-000-uninhabitable-mould-infested-flat.html

Developer Ceerose fined $300,000 over Worker’s Spinal Injuries

https://m.hcamag.com/hr-news/company-fined-300000-over-workers-spinal-injuries-243699.aspx

A Beacon for Residential Development in Sydney

(Search for this report;  however some residents don’t share this view. At 2019, and in the 3 years since handover, the Owners had experienced basement flooding!)

https://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/84357-ceerose-says-sydney-apartment-sales-have-slowed.html?fbclid=IwAR1YQW_n7cG8tgqA4CE6ic7SNWEUY1gsBmroKlRi9xfOdtj98fHiqNq43RA

Ceerose become landlords after Sydney apartment sales slowdown

2018 the absence of foreign buyers had left it with unsold apartments.

https://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/84357-ceerose-says-sydney-apartment-sales-have-slowed.html?fbclid=IwAR1YQW_n7cG8tgqA4CE6ic7SNWEUY1gsBmroKlRi9xfOdtj98fHiqNq43RA

Greaton’s St Leonards South for 232 apartments … Homes a Thing of the Past

Among Greaton’s Partners is Builder CEEROSE … a company that has had issues raised concerning complaints of flooding and defective materials and workmanship!

https://www.dailytelegraph.com.au/newslocal/north-shore/greatons-st-leonards-south-plans-include-232-apartments/news-story/3a5abcda3e78eec52c15ea99d4749dcf

‘Locked Out’ … Again!

No photo description available.
CAAN PHOTO FEBRUARY 2021

‘Locked Out … Again!’ A whole Cohort of Australians from X Generation, Millennials, Z …

CAAN suggests it is not only the impact of Mum and Dad Investors returning to the market … low interest rates … the limited supply of houses BUT the return of the Onshore Proxy … at Open Home Inspections messaging on Smart Phones … who do you figure they are buying for?

-the Middle Kingdom and or Hong Kong, Singapore …

Why not copy and paste the VIDEO link and share in an email to your Contacts?

THEN Invite others to Search CAAN WEBSITE for how this dire predicament has in fact been contrived to benefit the few here, like those on the AFR Rich List, and largely their overseas wealthy clients who can gain a Permanent Resident Visa following property purchase!

HINT they can buy a ‘new home’ as an entry e.g. a studio apartment in woop woop, and gain this PR Visa … to then fly here and buy up more real estate including Heritage Homes, suburban bungalows, a whole level of an apartment development …

IT would seem they knew about this long before many of us …

VIEW AND SHARE this video!

What does the real estate price surge mean for home buyers?

https://www.abc.net.au/7.30/what-does-the-real-estate-price-surge-mean-for/13181150

SEARCH CAAN Website for …

-Anti-Money Laundering Laws

.Real Estate Gatekeepers made exempt in October 2018 by Morrison Government

-Black Money

-Developers Buy Access in NSW

-Foreign Property Buyers

-Foreign Investment Review Board (FIRB)

.FIRB Ruling following the GFC that allowed developers to sell 100% of ‘new homes’ to overseas buyers … up from 50% particularly in China ….

.

DEVELOPER LOBBY GROUPS:

-Urban Taskforce

-Property Council of Australia (PCA) and …

.When Scott Morrison skipped out the doors of the Property Council of Australia (PCA) in 1995, where he had spent six years cutting his teeth as a spinner, lobbyist and propagandist, he landed in the tourism sector. 

-Visa Manipulation

.with a vast range of Visas including those for students, PhD Student, 457 Visa now revised for Skilled Workers, Family, Grandparent, Guardian, Significant Investor, Investor Stream …

CAAN Website:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

I’m a Developer …

I’m a developer (as smart as smart can be)

By Permission @ Sara Hourez, 2019

I’m a developer and I’ll tell u about me I really truly care about your community first I’ll start with a wild statistical claim while cleverly playing my utterly ruthless game make an announcement about the job injection once they’ve caught that, it will be like an infection and after placing this well-set bait once up and running, no one remembers, it’s all too late

Image result for lachlans line scaffold collapse

Lachlan’s Line Macquarie Park: Scaffolding collapse news.com.au

View: Property Sales Tumble Leading to Prediction of 100,000 job losses

https://caanhousinginequalitywithaussieslockedout.com/2019/07/30/property-sales-tumble-leading-to-prediction-of-100000-job-losses/

I’m a developer so down on your knee. The sacred God of progress is all that matters to me. I’ve eyes on every pristine spot. Particularly crown land or any wild, coastal plot. Must have that wow! feature I mean who really cares about some vulnerable creature?

This image has an empty alt attribute; its file name is A60R6395.jpg

View: Left Hanging how they’re Killing the Koalas of Wilton https://caanhousinginequalitywithaussieslockedout.com/2018/09/30/left-hanginghow-theyre-killing-the-koalas-of-wilton/

I’m a developer reliving my last battle fought there we encouraged the community to tell us what they thought then we promptly ignored it, the Minister and me instead I claimed a large tax deductible fee some palms are out and they’re not just mine with big developments on-island on the incline when Council stands in my way that’s when State Government Major Projects comes into play

The now-demolished Sydney football stadium

PHOTO: The now-demolished Sydney Football Stadium, pictured this week. (ABC News )

This image has an empty alt attribute; its file name is cropped-header_image.jpg

Relocate Tweed Valley Hospital : The campaign to save this critical piece of State Significant Farmland is over.  The government and its development push have prevailed. The hilltop farm will soon become a signature high rise development towering over the former villages of Kingscliff and Cudgen and totally redefining their character.

I’m a developer and totally in the know I always gets the nod, I always gets the go sometimes strict conditions are set but between you and me, they never have to be met. No compliance checks are ever made and those fake employment targets quoted, fade.

The Horizon building in Darlinghurst had lift problems initially.

View: 2001: Towers of Trouble

https://caanhousinginequalitywithaussieslockedout.com/2019/01/26/7609/

View: What are Australia’s Other Defective Towers aside from Sydney’s Opal Tower

https://caanhousinginequalitywithaussieslockedout.com/2019/01/09/6787/

World Tower on Sydney’s Liverpool Street: Meriton

I’m a developer and a true blue mate pretending I’m there for you, ingratiate bloody hell! They’ve gone and found some endangered plant currently waiting for the deafening Greenie rant. The media seems to have missed it though so time to keep my profile low put it on the back-burner and wait for the right time then on-sell overseas when the moment is prime

This is but one example across Sydney and NSW! Any proposed residential  development on Bayview Golf course will prevent wildlife from moving between the coast at Winnererremy Bay Mona Vale and major habitat areas around Katandra Bushland Sanctuary and Nangana Road Bayview. Petition is ongoing!

I’m a developer working on my skill can’t really share with you the depth of this thrill and while it’s hard for you suckers to relate I’ve found the development process rather easy to navigate. Relationships must be well honed, with handshakes in play keep an eye out for concerned citizens as they’ll get in your way honestly sometimes it’s just down to a relatively smallish sum and well placed wet lips on the most powerful political bum

View: December 2017 … The Greens called for Political Donation Reform after a Look at Minister Roberts’ Diary!

https://caanhousinginequalitywithaussieslockedout.com/2019/01/19/december-2017-the-greens-called-for-donation-reform-after-a-look-at-minister-roberts-diary/

Image: Greater Sydney Community

I’m a developer and I care about conservation only I’m referring to my bank balance, preservation. All those envelopes under the table think that’s some last century fable? When it’s all gone, and the planet is done and dusted that’s when you’ll realise – no one, never anyone like me, should ever be trusted

Western Sydney Airport: loss of peri urban foodbowl, deafening flight paths, loss of neighbouring property values, fuel dumps in Sydney’s water catchments, the World Heritage Listing of the Blue Mountains National Park? … the list goes on! It’s all about bringing in more real estate tourists …

View: Badgery’s Creek: Northern Gateway City Consortium Unveils Masterplan

https://caanhousinginequalitywithaussieslockedout.com/2018/11/01/3561/

The identity of this proposal was treated as “commercial in confidence” by the Greater Sydney Commission as recently as February 2018.  Then it was revealed the confidential commercial arrangement was between Boyuan Holdings Limited (BHL) and the Medich Brothers.

And what is not reported here in this article … to make way for its housing development proposal for more than 22,000 houses!

CAAN FACEBOOK:

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

‘SLAUGHTER’ HOUSE: THE SCANDAL INSIDE ANZ

 

 

AWESOME Stuff … is it the case the right seem to cherish their ability and freedom to criticise organised labour at every opportunity?

That all ill-will, evil and criminality exists among the workers, and that the corporate sector is above the mud?

Is it the case business wish us believe it is on a noble quest to create wealth and build the economy?

Or is it the case a pathetic, dangerous and ruthless reality exists instead?

‘Slaughter’ house: The scandal inside ANZ

Porsches and $5 million bonuses, drinking and late-night visits to strip clubs — we go deep into one of Australia’s biggest-ever corporate investigations.

 

24 MAY 2019

 

 

 

It was a little past midnight and a silver Porsche Cayenne was doing doughnuts across the lush fairways of the five-star golf resort Chateau Elan.

A grey-haired man wearing an open-collared shirt was behind the wheel and he’d been drinking for six hours straight.

This wasn’t a high roller on a holiday bender — he was an investment banker named Steve Bellotti, and at the time he was the head of global markets at ANZ.

Mr Bellotti was at the Hunter Valley estate to deliver the opening speech to an exclusive conference in front of some of the bank’s most important clients.

The event was being paid for by the bank, which was hosting about 150 clients of its lucrative global markets division.

Inside the Porsche, ANZ’s 43-year-old head of investor sales, Patrick O’Connor (sitting behind Mr Bellotti) was feeling more and more uncomfortable.

For more than an hour he had watched hotel staff trying to get Mr Bellotti to call it a night. But, according to Mr O’Connor, Mr Bellotti had just kept going.

“At one stage [Mr Bellotti] challenged the night manager, by saying to him: ‘Do you know who I am?'” Mr O’Connor said.

Few knew it at the time, but back in Sydney, the corporate regulator was opening what would become one of the country’s biggest-ever investigations into alleged interest-rate rigging.

It was March 2013, just months after the UK’s own interest rate scandal broke, leading to senior resignations and massive fines on both sides of the Atlantic.

ASIC was conducting its own investigation into rate-rigging in Australia and it was looking closely at ANZ’s global markets team, led by Steve Bellotti.

Background Briefing has been given documents that show ANZ’s plans to thwart this investigation by driving divisions inside the corporate regulator.

Multiple whistleblowers have given candid accounts detailing a toxic culture of ego and ruthlessness with few apparent consequences for senior figures involved.

The Wild West

By the time Steve Bellotti joined ANZ in 2010, he’d already earned a colourful reputation as a successful investment banker across the world.

In London, according to one newspaper report, he’d gotten into a trading room brawl that left him with a black eye.

He had also reportedly rented out Richard Branson’s Caribbean island at a cost of $40,000 a day for his wedding. His 40th birthday was said to have lasted three weeks.

He was successful at his job. He loved money and he was good at making it.

The 48-year-old returned to Australia and was hired to lead ANZ’s global markets team.

Trips to strip clubs were not uncommon under Bellotti’s leadership, former traders from ANZ have told the ABC.

One club became known as “The Boardroom”, because, according to one employee, you were more likely to get one-on-one time with your boss there than in the office.

Inside ANZ, Mr Bellotti instituted a strategy he called “three in three”, where he aimed to lift revenue to $3 billion.

In 2011 a new trader was hired. His name was Etienne Alexiou and he took on a senior trading role. But the clean-cut 38-year-old trader got the feeling, almost immediately, that something was very different at ANZ.

“It felt a little bit like the Wild West, it felt a little bit like a caricature of investment banking with all the excesses, but none of the substance,” he explained.

One of the first things that caught his attention was trading-floor talk about “slaughtering the rate”.

Alleged manipulation

The rate in question was the BBSW, a benchmark used to set the interest on trillions of dollars in short-term loans between the banks, as well as many other corporate transactions.

“You hear it once or twice and you kind of go, ‘OK, someone’s having a bad day’, you hear quite a few times, you start to think: ‘Is this something that needs to be addressed?'” Mr Alexiou said.

It was supposed to be an independent rate, set by the market at the start of each trading day, during a five-minute window.

But the bank was accused of manipulating it and profiting from it. ANZ has always strenuously denied this.

In 2012, ASIC alleged otherwise. Recorded conversations seized by the regulator showed some ANZ traders discussing how they wanted to “ram the rate”.

“If we can f***ing jag, you know, three points on five billion, that’s half a million dollars just bang, done. People don’t understand half a million dollars. Paul’s up that for the year, you know? So we just need to f***ing do that. Especially on the f***ing rate sets,” one senior trader said.

On another call, in November 2011, another said: “We are trying to push the rate set lower today … and then higher tomorrow.”

As the investigation ramped up, ASIC began interviewing anyone who might be able to help in their investigation. The year was 2014.

One of those was Mr Alexiou. He assumed the interviews were confidential until one morning he bumped into a colleague.

“He repeated verbatim something I’d told ASIC the day before and it took me really by surprise because it was word for word,” he said.

“He said to me that ‘ASIC leaked like a sieve’.”

ANZ hired a Sydney law firm to represent its employees. The lawyers told ANZ about who was being interviewed, and when those interviews were taking place. On one occasion they did this before they told the interviewee — their client.

A spokesman for the law firm said at no time did it breach its clients’ privacy and at no time was confidential information provided to ANZ.

An ANZ spokesman said that at no stage did it seek to have its employees breach their legal confidentiality obligations.

The Luxford view

Meanwhile, senior figures at ANZ were devising a strategy to undermine ASIC’s investigator, Colin Luxford, and marginalise his views inside the regulator.

Mr Luxford believed the regulator had enough evidence around alleged rate manipulation to take the bank to court. The bank was focused on avoiding this.

In briefing notes from a May 2015 meeting, an ANZ executive explained the bank’s approach.

“It is on a knife edge at the moment. At ASIC, Colin Luxford is still the dominant view in the room,” he said.

“The objective is to shake the Luxford view with ASIC.”

According to the notes, ANZ chairman David Gonski was meeting with ASIC chairman Greg Medcraft in one-on-one meetings during this time.

“ASIC will want a bit of a win. The bank is trying to craft a solution the bank can live with that would be acceptable to ASIC,” the document states.

Eventually, in 2017 the bank did settle, admitting to “attempted unconscionable conduct”, and paid a $50 million fine.

The decision caused some disquiet inside ASIC. There was disagreement over the decision to settle. The ABC understands Mr Luxford felt like the regulator was selling out.

But in the final months before the settlement was reached, ASIC filed a 180-page court document containing excerpts of emails and other evidence.

It also contained allegations by ASIC that 38 ANZ employees had knowledge of or involvement in the alleged manipulation of the rate.

They ranged from relatively junior traders up to the bank’s senior executives, including Mr Bellotti and Shayne Elliott.

Most of the employees named in the court document accused of having knowledge of or involvement in the alleged rate manipulation were employed in the global markets division.

The allegations in this court filing were never tested at trial. The bank has always maintained it never manipulated the rate.

It did however admit to “attempted unconscionable conduct” by a small group of traders. This conduct occurred in Mr Bellotti’s backyard as he headed up the team.

We asked ANZ about whether there were any direct consequences for those involved in the BBSW scandal. It did not respond to that question.

But there were consequences for some. In 2014 seven traders were suspended pending the outcome of the investigation into rate manipulation.

Mr O’Connor, the man in the back seat of Mr Bellotti’s Porsche at Chateau Elan, noticed the list of those suspended did not include the management responsible for the division.

“I raised my concerns at the time as to the selection of those seven people. I felt as though there were certain individuals within the management structure that had responsibilities that should have been identified,” Mr O’Connor told Background Briefing.

He also remembers being called into a strange private meeting with a senior executive. The subject matter was his colleague Mr Alexiou.

“He went on then to ask me about what Etienne’s tolerance would be to potentially adverse media coverage. I had very little to offer,” he explained.

“I remember walking out thinking this is one of the weirdest meetings I’ve ever been to.”

Consequences

Mr Alexiou was one of those suspended at the bank. He was eventually fired, but his termination had nothing to do with the BBSW scandal — he was instead dismissed for making lewd remarks on the bank’s internal messaging system.

He later took the bank to court, where ANZ released transcripts of his chat messages.

 

Background Briefing has learned those transcripts were redacted and the full versions never became public. The snippets released out of context gave the conversations very different meanings.

“I was depicted as a racist, a misogynist, a homophobe, a person of low moral character,” he says.

Mr Alexiou later sued the bank, but dropped his case.

Mr O’Connor was also brought into a meeting and terminated, accused of misusing his company credit card. The ANZ confronted him with receipts which showed he sold $18,000 worth of rare coins.

He admits he did do this, but says he was allowed to charge and then repay personal expenditure and it was approved by his manager.

“I’d maintain that it was a commonly accepted practice, it wasn’t prohibited under my employment contract, my expenses were always self-identified and reimbursed to the bank and fully approved by the bank,” he said.

Mr O’Connor is considering suing the bank.

What was galling for Mr Alexiou, Mr O’Connor and others in the division was that they were being fired while there seemed to be few consequences for more senior staff.

In their view, this was a clear double standard.

In the aftermath of the Hunter Valley incident, Mr Bellotti was given a more senior position at the bank — acting joint head of institutional and international banking, reporting directly to the chief executive.

He resigned within a year of ANZ’s BBSW scandal becoming public.

Mr Bellotti did not respond to questions about his time at ANZ and said the ABC should direct its questions to ANZ.

“I am unfortunately unable to comment,” he told the ABC.

ANZ did not answer any questions about Mr Bellotti directly but said in a statement that where evidence is provided that anyone has breached the code of conduct, it takes appropriate disciplinary action.

“This includes formal warnings, dismissal and, for more senior staff, bonuses being clawed back,” a spokesman said.

Mr Bellotti’s boss, Shayne Elliott, became chief executive just over a year after the allegations surfaced, and he was still in the top job when ANZ decided to settle with ASIC.

Do you know more? Email: christodoulou.mario@abc.net.au

Credits

  • Reporters: Mario Christodoulou and Elise Worthington
  • Researcher: Benjamin Sveen
  • Executive Producer: Alice Brennan
  • Supervising Producer: Ali Russell
  • Sound Engineer: Leila Shunnar/Simon Branthwaite
  • Editor: Ingrid Wagner
  • Digital Producer: Scott Mitchell

 

CAAN FACEBOOK:

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

WEBSITE:

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EXTRA 600 APARTMENTS FOR BILLBERGIA WHOSE GENERAL MANAGER DONATES

Craig Stubbs, identified in a public document as Billbergia’s general manager, has donated almost $90,000 to both Labor and Liberal parties in the past three years through his company Bossy Blue Pty Ltd.

-donations included $4750 to a Drummoyne state election Liberal Party dinner; June 2018

-the other donations were largely for federal campaigns; developer donations are not prohibited by the Federal LNP

Billbergia says Mr Stubbs is not an officer of the company and donated in his private capacity

It would seem the money trail needs to be followed and investigated!

 

RELATED ARTICLES:

 RHODES PRECINCT TO COP 75 PER CENT INCREASE IN DWELLINGS!

https://caanhousinginequalitywithaussieslockedout.wordpress.com/2019/01/20/7274/

RHODES: HIGH-RISE SCHOOL SCRAPPED In Exchange for Even More UNITS

https://caanhousinginequalitywithaussieslockedout.wordpress.com/2018/12/09/5387/

 

 

 

 

 

Extra 600 apartments for developer whose general manager donates

 

 

The state government altered plans for a proposed housing development in Sydney’s inner west in ways that would allow a property developer whose general manager has made significant political donations to build at least another 600 apartments and probably many more.

The changes to the so-called Rhodes East planned precinct on the Parramatta River were favoured by Liberal Member for Drummoyne John Sidoti, the recipient of at least one of those donations.

Under previous plans released by the Department of Planning and Environment in September 2017 following more than a year’s consultation, residents could see proposed building heights encompassing 3600 apartments east of Rhodes railway station.

An artist's impression of the 2017 Rhodes East priority precinct proposal by the NSW government.
An artist’s impression of the 2017 Rhodes East priority precinct proposal by the NSW government.

 

But changed plans released in December 2018 included no suggested building heights or floor space ratios, while the scheme was expanded to add 600 apartments on land controlled by developer Billbergia west of Rhodes Station.

 

 

Craig Stubbs, identified in a public document as Billbergia’s general manager, has donated almost $90,000 to both Labor and Liberal parties in the past three years through his company Bossy Blue Pty Ltd.

The donations included $4750 to a Drummoyne state election Liberal Party dinner in June 2018. Mr Sidoti said he knew Mr Stubbs, but did not know he worked for Billbergia.

The other donations were mostly for federal campaigns, in which developer donations were not prohibited.

Developers and land-owners disadvantaged by the December changes, as well as staff at the Canada Bay Council, have pushed back against them.

These include Ecove, the company behind the cracked Opal Tower at Olympic Park, Rhodes Investment Group (RIG), which purchased property based on the 2017 plan, and the Royal Freemasons’ Benevolent Institution [RFBI] which owns an aged care home in Rhodes. The RFBI fears the changed plans will jeopardise its ability to upgrade an outdated facility.

It is illegal for property developers or “close associates” of developers to make donations in NSW elections.

Directors or officers of corporate developers are considered close associates of property developers. Mr Stubbs was a director of Billbergia Finance Corporation between 2011 and 2015.

Billbergia says Mr Stubbs is not an officer of the company and donated in his private capacity.

“We don’t want to see anybody’s business being damaged by innuendo about these things,” said Rick Graf, a Billbergia director.

“Billbergia as a developer does not make donations. For anyone to suggest otherwise, we will pursue them.”

Mr Graf said the 2018 plan did not favour Billbergia. He said it depended on Billbergia first spending on infrastructure.

“Giving us the ability to spend $60 million on public infrastructure before we can build apartments isn’t advantaging us – it’s advantaging the whole plan.”

The land proposed for the 2017 Rhodes East development. The December 2018 plan includes extra residential on Billbergia land west of the station.
The land proposed for the 2017 Rhodes East development. The December 2018 plan includes extra residential on Billbergia land west of the station.CREDIT:DEPARTMENT OF PLANNING AND THE ENVIRONMENT

 

 

The 2017 plan proposed high density mixed use and residential apartments east of Rhodes station, with lower building heights heading north toward the Parramatta River, and the retention of industrial sites also to the north.

Ecove had purchased a lot east of Rhodes station on which it thought it would be able to build a mixed residential tower.

Bobby Chegini, a director of RIG, said his company purchased a site next to Ecove’s after the 2017 exhibition.

Frank Price, the chief executive of RFBI, agreed with Ecove that a school could be built on the existing aged care site, while an aged care facility could be incorporated into Ecove’s development at the station.

“We were quite excited at the proposal of going closer to the railway station, having a new location where the residents are able to particulate in the day to day life of the community,” Mr Price said.

But the December plan zones Ecove and RIG’s land as commercial. Ecove says this would be unviable, as its site does not have large floor plates and car parking levels required in Rhodes.

When Ecove and RIG tried to raise their concerns with the Department of Planning, they were referred to Mr Sidoti. A spokesman told the Herald: “The local community has expressed concerns about keeping jobs at these sites through the local member.”

Although the government has not committed to an agreement with Billbergia, the developer has proposed a $360 million “voluntary planning agreement” to help fund an upgraded train station, a new school, and open space.

Mr Sidoti said the updated plan was better than the previous proposal because it included more infrastructure.”The last one was never going to stick to 3600 dwellings,” he said.

Canada Bay council staff strongly criticised the revised plan. A report last month said the added 600 apartments in Rhodes West “raises questions and transparency and landowner influence.”

NSW Labor and Liberal said they complied with campaign finance laws.

DECEMBER 2017 … THE GREENS CALLED FOR POLITICAL DONATION REFORM AFTER A LOOK AT MINISTER ROBERTS’ DIARY!

NSW PLANNING MINISTER, Anthony Roberts met with 53 PROPERTY DEVELOPERS or property interest groups between January and September in 2017, but not a single ordinary resident!

BIG POLITICAL DONORS INCLUDE MERITON, THE PROPERTY COUNCIL OF AUSTRALIA, TOGA GROUP AND THE WALKER CORPORATION

The developer ban is limited to businesses that regularly put in development applications …

SO that if a subsidiary puts in the DA the large-scale developer, builder or commercial contractor is not affected!

 

 

Greens want donation reform after a look at minister’s diary

Image: Greater Sydney Community

 

NSW planning minister Anthony Roberts met with 53 property developers or property interest groups between January and September this year, but not a single ordinary resident, new information released by the Greens shows.

Together with large donations being made to political parties by developers, the Greens say it shows the system needs to change, and developer bans tightened.

In the last financial year, the Liberal Party, National Party and Labor in NSW received $2.5 million in donations from the property industry.

“Corporations don’t make donations because they love democracy,” Greens planning spokesman David Shoebridge said. “They hand cash to politicians because that helps them make bigger profits.”

 

The Greens have released data on donations made to both the federal Liberal party and its state counterparts by developers or lobby groups since 2010, as well as the number of times they’ve met with the planning minister.

Since 2010, the data shows Walker Group has donated $475,000 to the federal and NSW Liberal parties, and this year met with the planning minister three times.

Meriton (Apartments and Property Services) has donated $226,000 since 2010, and met with the minister four times this year.

The Property Council of Australia has donated $65,290 since 2010 and met Mr Roberts once this year (though the PCA decided to ban all donations to governments at all levels from October 2016), while Toga Group donated $93,000 to the federal branch, and also met the minister once.

“Property developers are exploiting loopholes in the law to exert political influence,” Mr Shoebridge said.

He told The Fifth Estate a loophole involved donations going to the NSW branch of the federally registered party. The donations are unable to be spent on funding state elections, but Mr Shoebridge said they worked to “free up other donations to be spent on state elections”.

*The developer ban is also limited to businesses that regularly put in development applications.

*“You can be a large-scale builder or commercial contractor, and if your business doesn’t put in the DA, you’re not affected,” Mr Shoebridge said.

It’s business as usual

Mr Shoebridge told The Fifth Estate it was not unusual for NSW planning ministers’ meeting books to be skewed towards developers and other property industry stakeholders.

“It’s business as usual for planning ministers in NSW, and has been going on for well over a decade,” he said.

The skew may go some way to explain strange decisions like the recent watering down of building products legislation.

 

“That kind of decision that just pops out of nowhere – and on the face of it is contrary to the public interestcan only happen if ministers aren’t meeting with ordinary people.

“The other recent decision that shows how out of touch they are is knocking down and rebuilding two stadiums. You can be certain there are large development interests in that.”

Time to meet the hoi polloi?

Mr Shoebridge said it was time for the planning minister to have a more balanced meeting schedule and meet with local residents affected by planning decisions.

“We’ve been unable to find any evidence that he’s met with an ordinary resident.”

However, he said this wasn’t seen as controversial by others in the political establishment.

“People say, ‘He doesn’t have time to meet with ordinary people.’ They really don’t see a problem with it. People are looking to government to help them.

The fact that it is considered so chillingly normal by the political establishment shows the extent of the problem.”

Call to expand the ban

The Greens are also calling for nationally consistent laws around donations.

“The obvious first step is to extend the state ban federally,” Mr Shoebridge said. “That would straight away prohibit donations from the likes of Meriton, Toga and Walker Corporation.

“The second step is to put in place a much more robust definition of what constitutes a property developer. Any profit-driven company whose principal interest is property development should be covered.

Mr Shoebridge said there was a “strong argument” to include sectors that are prone to corruption, such as gambling, alcohol, tobacco, and the mining and resources sector.

“Australians are sick of the stranglehold donations have on politics,” he said.

“That is why they are rejecting the major parties in record numbers at election after election.”

The Queensland government recently announced it would ban developer donations, though the Property Council said all sectors needed to be treated equally.

“It is the view of the Property Council that if the threshold test for banning donations is whether or not there could be a perceived link between a political donation and the decision making of government, this perception would exist in relation to political donations made by other business sectors, community groups, environmental groups and unions at both local and state government levels,” PCA Queensland executive director Chris Mountford said.

PCA chief executive Ken Morrison said the peak body’s decision to stop donating to political parties was because donations had had “no impact on the success of our advocacy work, which is sustained on the merits of our research and policy activities”.

 

SOURCE:  https://www.thefifthestate.com.au/business/government/greens-want-donation-reform-after-a-look-at-ministers-diary/97140/?fbclid=IwAR3wRUOsppCI2kzt3iCh7lFv-Idv9DWDer1rlvAki2xbFSb_BpOIGhAMkAg

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2012 … DEVELOPERS BUY ACCESS TO MINISTER ROBERTS

 

2012 … THE LUNCHES  took place at State Parliament in the months before Mr Roberts released a discussion paper in July on the upcoming overhaul of the HOME BUILDING ACT.  Its main recommendation was the winding back of ‘warranty insurance’ which currently protects home owners from shoddy builders.

DEVELOPERS each bid $2000 for access to him.

 

Developers buy access to minister

A STATE Government minister, Anthony Roberts, hosted lunches at Parliament House with prominent western Sydney property developers who had each bid $2000 for access to him.

Property developers have been banned from making political donations in NSW since 2010.

The businessmen who wrote cheques at a Liberal Party fund-raiser in April include Vic Cavasinni, the multi-millionaire owner of Cavasinni Constructions and Beechwood Homes, David Masterton of Masterton Homes and Peter Fowler of Fowler Homes, based at Wetherill Park.

David Masterton of Masterton Homes with father Jim Masterton in the background.
David Masterton of Masterton Homes with father Jim Masterton in the background.

 

The Liberal Party insisted yesterday that the cheques paid had not been cashed after suspicion that laws around property developer donations would be breached.

Nevertheless, the party confirmed that the lunches with Mr Roberts, the Fair Trading Minister, had been auctioned at a fund-raiser, that cheques were accepted and the meetings went ahead.

Details of the lunches will be an embarrassment for the Premier, Barry O’Farrell, who has tried to distance his government from the era of commercial sleaze associated with Labor and the property developer fraternity.

It will also heap more pressure on Mr Roberts, who was recently rebuked by the Premier who said ”wannabe Joe Tripodis” had no place in his government.

 

Auction … the minister, Anthony Roberts.
Auction … the minister, Anthony Roberts.

 

Mr Roberts is also embroiled in claims he verbally assaulted a female staff member, causing her ”severe psychological trauma”.

*His lunches took place at State Parliament in the months before Mr Roberts released a discussion paper in July on the upcoming overhaul of the Home Building Act. Its main recommendation was the winding back of warranty insurance which currently protects home owners from shoddy builders. The reform is seen as a potential boon for the struggling home-construction sector and is supported by builders.

Mr Cavasinni, who attended a lunch at Parliament House with Mr Roberts in April, said he had bid on behalf of a friend who wanted to talk about concerns over hidden building costs and bushfire limitations. He told The Sun-Herald he had already had an impromptu meeting with Mr Roberts over coffee at the well-known Smithfield Italian restaurant Candelori’s.

”He walked into the restaurant with [Smithfield MP] Andrew Rohan and came over to where I was sitting. We had a coffee and I expressed some concerns I had with the Home Building Act. He agreed there were some anomalies,” Mr Cavasinni said. ”He seemed like a good bloke and was happy to hear about some of the trials and tribulations of completing homes in NSW.”

Peter Fowler, of Fowler Homes, confirmed he had bid $2085 for lunch with Mr Roberts but had yet to arrange a date. Mr Fowler said he believed the money had been drawn from his personal account by the Liberal Party. A Liberal Party spokeswoman said: ”From the information we’ve been provided from Smithfield, we understand no money has been accepted and that no laws have been breached.”

Mr O’Farrell’s office refused to comment but a spokesman for Mr Roberts said: ”The minister meets with a range of stakeholders as part of his duties. Community and industry consultation is a key part of the policy formulation process. At all times he has been compliant [with] the relevant legislation.” He declined to comment on what had been discussed at the lunch.

The affair began at Candelori’s on April 11 when Mr Roberts was the drawcard at a $850-a-table fund-raiser. According to the invite, money raised would go to the election fund of Mr Rohan, whose electorate office is just doors away from Candelori’s on the Horsley Drive, Smithfield. The lunch was arranged by Mr Rohan’s electorate officer, Zaya Toma, a Fairfield councillor seeking re-election.

Property developers cannot contribute a cent to political parties. Under a law passed in 2010, individuals or corporations that ”regularly make planning applications” are banned.

Mr Toma said about half the cheques taken on the day had been returned so far.

Tania Mihailuk, Labor’s spokeswoman for fair trading, said: ”It defies belief that the minister responsible for reviewing the state’s home builders legislation would take paid meetings with developers. There can be no excuse. It’s becoming clearer that developers are calling the shots in Barry O’Farrell’s government.”

Correction: The original version of this story said that Zaya Toma was Andrew Rohan’s chief of staff.

 

Heath Aston is the environment, energy and corporate correspondent for the Sydney Morning Herald and The Age

 

SOURCE:  https://www.smh.com.au/national/nsw/developers-buy-access-to-minister-20120901-2578v.html

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